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Dec 31, 2012
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that's not even part of the fiscal cliff. that's in addition to the fiscal cliff. >>> good morning. we're live at the new york stock exchange. of course the moment we've been waiting for, the senate reconvening as we speak. 11:00 a.m. eastern time. we are waiting to see whether any progress has been made between republican senator mitch mcconnell and vice president joe biden. john harwood has told us they have not only had constructive talks, but talked past midnight, at 6:30 a.m. this morning. markets reacting quite like this, the dow down about 12 points, s&p positive by about three, and the nasdaq up about 15. meantime in hong kong, they are already celebrating the new year. this is a live picture of what's happening on the other side of the planet and that scene will be a lot more familiar to those on the east coast in just a few hours time. meantime just a few hours to go, still no deal on the fiscal cliff. how are the markets going to be impacted heading into the new year? head of research joining us from new york, andrew, happy new year to you. all kinds of predictions becaus
that's not even part of the fiscal cliff. that's in addition to the fiscal cliff. >>> good morning. we're live at the new york stock exchange. of course the moment we've been waiting for, the senate reconvening as we speak. 11:00 a.m. eastern time. we are waiting to see whether any progress has been made between republican senator mitch mcconnell and vice president joe biden. john harwood has told us they have not only had constructive talks, but talked past midnight, at 6:30 a.m. this...
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Dec 28, 2012
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. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera wh
. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher...
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Jan 1, 2013
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as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city hospital. doctors say she's making excellent progress. we're going to have the very latest on the secretary of state's condition. >>> welcome back to "early start" i'm ali velshi. >> christine romans. >> and i'm john berman. we're having a great time here. there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after
as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city...
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Jan 1, 2013
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an early morning deal reached on the fiscal cliff. the u.s. still poised to go over that cliff. >> and as it is sun rises on 2013, we are still waiting for the house to act. that, by the way is not congress. we'll walk you through the bill's details and tell you the impact it will have on you. >>> all right. members of congress never that pretty. >>> secretary of state clinton waking up in a new york city hospital. making excellent progress. we'll have the latest on her condition. >> welcome to "early start." i am ali velshi. >> i am christine romans. >> and quite a lot to talk about. through this morning, the senate passed a plan to fend off the fiscal cliff. but now it's up to the house of representatives to follow suit. just after 2:00 eastern time this morning, the senate overwhelmingly passed a plan that was crafted by the vice president and the senate minority leader, mitch mcconnell. vote? 89-8. the republican controlled house left well before midnight last night, so they will are to take up the measure today. >> i said all along, the m
an early morning deal reached on the fiscal cliff. the u.s. still poised to go over that cliff. >> and as it is sun rises on 2013, we are still waiting for the house to act. that, by the way is not congress. we'll walk you through the bill's details and tell you the impact it will have on you. >>> all right. members of congress never that pretty. >>> secretary of state clinton waking up in a new york city hospital. making excellent progress. we'll have the latest on her...
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Dec 28, 2012
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in the headlines this morning, as the fiscal cliff approaches congressional leaders are set to meet with president obama at the white house this afternoon. got that going for us. news of the meeting helped u.s. stocks come well off their lows yesterday. but major averages are still coming off four consecutive losing sessions. and a threatened strike could idle more than 14,000 long shoremen this weekend. the 15 east coast courts involved in a labor dispute handle about 40% of the nation's cargo. the union contract prior one expired back in september. a 90-day extension ends this sunday. and a judge best known for his involvement in insider trading cases is handed down a ruling in a very different type of case. you know this guy? judge rakoff has reaffirmed that sly stallone did not copy someone else's screenplay for his 2010 movie "the expendables." he basically copied his rocky screen play from somebody else -- no, that's a joke. he didn't do that. i could probably get in trouble for saying that. >> we should have him on. >> i don't know, can judges come on tv? >> i don't think so. >> s
in the headlines this morning, as the fiscal cliff approaches congressional leaders are set to meet with president obama at the white house this afternoon. got that going for us. news of the meeting helped u.s. stocks come well off their lows yesterday. but major averages are still coming off four consecutive losing sessions. and a threatened strike could idle more than 14,000 long shoremen this weekend. the 15 east coast courts involved in a labor dispute handle about 40% of the nation's...
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Dec 28, 2012
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good morning. caller: good morning. i have heard people talk about the fiscal cliff. i knew the day after the election we have to go over the cliff. republicans forget one thing. democrats won the election. ain't this kind of backwards? what the republicans are proposing is not acceptable. host: this comes from our twitter page. the conversation, twitter.com/cspanwj. the headline in "the washington post.' " wayne from alabama. caller: good morning. we're here because the democrats. the democrats signed the bill that put this into action a year ago. it sounds like a two-thirds majority vote of democrats and republicans. everybody wants to point the finger at republicans. do not want to change. it is kind of strange. i think the democrats are getting what they want. they are getting tax increases. the questions are posed here. c-span files in line with what the democrats want. you are asking what we would give up. you are asking the givers. this is all politics. the democrats wanted this. they pass the bush-era tax cuts. if we go over the physical cliff, it is because d
good morning. caller: good morning. i have heard people talk about the fiscal cliff. i knew the day after the election we have to go over the cliff. republicans forget one thing. democrats won the election. ain't this kind of backwards? what the republicans are proposing is not acceptable. host: this comes from our twitter page. the conversation, twitter.com/cspanwj. the headline in "the washington post.' " wayne from alabama. caller: good morning. we're here because the democrats....
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Dec 31, 2012
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one to the new year, the other is to the painful fall off the fiscal cliff. democrats and republicans went to the bull pen on sunday, calling in their so-called closers. here is one, here is the other. vice president joe biden and senate minority leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to reduce social security cost of living increases. >> i was really gratified to hear republicans had taken the demand for social security benefits off the table. truth is, they never should have been on the table to begin with there is still significant distance between the two sides, but negotiations continue. >> the
one to the new year, the other is to the painful fall off the fiscal cliff. democrats and republicans went to the bull pen on sunday, calling in their so-called closers. here is one, here is the other. vice president joe biden and senate minority leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these...
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Dec 24, 2012
12/12
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alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to t
alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time,...
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Dec 30, 2012
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a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax hikes, setting the stage for a high wire a final act of fiscal cliff negotiating just two days before the country is hit with a series of tough austerity measures. -- that again is from politico this morning. you're getting your thoughts, and we want to hear your message to congress on the fiscal cliff negotiations. the politico story mentioned what was happening on saturday evening on capitol hill. here is the washington post -- the washington post also offers a handy time line of what is set to happen today in the countdown to the cliff. at 1:00 p.m., the senate is set to reconvene. at 2:00 p.m., the house reopens. -- to
a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax...
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i actually skied this morning and rushed back, but i know one casualty of the fiscal cliff and that's me. >> there you go. >> thank you, thank you. so the senate won't vote tonight. house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what we do know is negotiations are ongoing. there was a big road block earlier today with the so-called chain cpi issue, but that seems to have been put aside. so we'll have to see, but, again, the fundamental issue has been the same throughout this process which is that our republican colleagues are trying to do everything we can to prevent higher income individuals to pay a little bit more to reduce our deficit, and that's
i actually skied this morning and rushed back, but i know one casualty of the fiscal cliff and that's me. >> there you go. >> thank you, thank you. so the senate won't vote tonight. house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this...
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Dec 24, 2012
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fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. th
fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will...
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Jan 1, 2013
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i'm richard lui, you're watching msnbc's continuing coverage of the fiscal cliff deal. eric cantor emerging from a meeting saying he does not support the senate-passed bill. house speaker bonn janer is not likely to bring the senate bill to the floor without changes is what we're hearing and in a statement boehner's spokesman said the speaker and leader laid out options to the members and listened to feedback. the lack of spending cuts in the senate bill was our universal concern amongst members in today's meetings. conversations will continue throughout the afternoon on the path forward. outgoing republican congressman steven latourette told nbc's luke russert the senate bill did not stand much of a bill in the house. take a listen. >> i think it's a little unreasonable for senator reid to say that something they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> laetset's bring in mike viqu. we understand there have been meetings throughout the afternoon. >> reporter: the future of this bill, the
i'm richard lui, you're watching msnbc's continuing coverage of the fiscal cliff deal. eric cantor emerging from a meeting saying he does not support the senate-passed bill. house speaker bonn janer is not likely to bring the senate bill to the floor without changes is what we're hearing and in a statement boehner's spokesman said the speaker and leader laid out options to the members and listened to feedback. the lack of spending cuts in the senate bill was our universal concern amongst...
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but >> on friday's washington journal, a look at the fiscal cliff. an examination of home ownership in the u.s. later, a discussion on poverty and hunger. "washington journal" is live every morning at 7:00 a.m. on c- span. >> the california representative is retiring this year. we spoke with her in november about her time as co-chairman of the progressive caucus, as well as her opposition to the iraq and afghanistan worse. this interview it -- wars. this interview is for 30 minutes. retiring, 20 years in congress. why are you leaving? >> well, i had my i will say it this way, i was elected 20 years ago on my 55th birthday. do the math and 20 years and 75 years old and it is time for me to retire. >> what is next? >> i'm president for americans for democratic action. i was just re-elected for a second term. i follow in the footsteps of george mcgovern and others and i will have a national presence and i will be traveling around the world to developing countries with the organization. >> what are you going to be doing with them? >>i will go with them o
but >> on friday's washington journal, a look at the fiscal cliff. an examination of home ownership in the u.s. later, a discussion on poverty and hunger. "washington journal" is live every morning at 7:00 a.m. on c- span. >> the california representative is retiring this year. we spoke with her in november about her time as co-chairman of the progressive caucus, as well as her opposition to the iraq and afghanistan worse. this interview it -- wars. this interview is for...
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you are up first, as the senate early this morning approved the deal on the so-called fiscal cliff. caller: happy new year. i think it is a good deal the democrats got, but i am worried on the second dell as they want to put social security on the line. it does nothing to do with the deficit. our taxes paid into social security. it has nothing to do with debt. i do not know why the republicans -- the republicans have been trying to get rid of social security for 70 years now and have not gotten it done. they want to take the money and give congress a raise. they want to take people's social security money and give congress a raise and what are they doing? nothing. then they want to take money and give it to the pentagon. they put all of the money into these outfits, but they want to cut social security. host: john, ap reported this morning that officials decided to use the measure to prevent the pay raise for lawmakers. i want to let you know that, and also, if you are concerned about social security on the table in what is called round two after the 113th congress convenes, which h
you are up first, as the senate early this morning approved the deal on the so-called fiscal cliff. caller: happy new year. i think it is a good deal the democrats got, but i am worried on the second dell as they want to put social security on the line. it does nothing to do with the deficit. our taxes paid into social security. it has nothing to do with debt. i do not know why the republicans -- the republicans have been trying to get rid of social security for 70 years now and have not gotten...
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as we stand on the edge of the fiscal cliff right now, any chance that we do not go over? guest: that is pretty small. we are relying on the senate to avoid this -- to avoid a filibuster. then we are relying on the house who for the last several weeks could not take the lead. it is important to state that while the official deadline is december 31. they can continue to work until the new congress on january 3. we have more like three days for them to get something together. host: are we going over the cliff? what does it mean if we do? guest: in some sense, we're going over the cliff even if they reach a deal. when you look at the deal they have been talking about, there will still be a lot left for future decision making. even if they are able to extend tax cuts for the middle class and do not do much of anything else, you still have the haphazard dealmaking not touching any of the issues the parties said they were concerned about leading into the fiscal cliff. the payroll tax cut is going to expire. no one is talking about extending that. that is the one that gives the b
as we stand on the edge of the fiscal cliff right now, any chance that we do not go over? guest: that is pretty small. we are relying on the senate to avoid this -- to avoid a filibuster. then we are relying on the house who for the last several weeks could not take the lead. it is important to state that while the official deadline is december 31. they can continue to work until the new congress on january 3. we have more like three days for them to get something together. host: are we going...
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Dec 25, 2012
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the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just release
the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was...
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cliff deal that passed the senate in the wee hours of the morning. biden is playing a major role in the negotiations. jessica yellin is at the white house. jessica, what is the mood after the vice president's meeting there? >> reporter: hi, deb. first of all, the vice president's motorcade just got back here to the white house. so clearly work continues. there is a sense still that things are progressing and this is going to come to completion. it's not surprising to anybody that there are concerns by democrats and that some of them would voice them. the vice president's meeting lasted about 90 minutes. obviously if everything was smooth sailing, it would have lasted much less time. so but they're used to that. vice president biden has done these deals now three times. and he goes up there and is sometimes the punching bag and listens to what democrats have to complain about, takes it all on board, explains to them. one person in the room i thk tweeted out and described it as a bit of a filibuster by the vice president. but he is done now and back an
cliff deal that passed the senate in the wee hours of the morning. biden is playing a major role in the negotiations. jessica yellin is at the white house. jessica, what is the mood after the vice president's meeting there? >> reporter: hi, deb. first of all, the vice president's motorcade just got back here to the white house. so clearly work continues. there is a sense still that things are progressing and this is going to come to completion. it's not surprising to anybody that there...
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Dec 26, 2012
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we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off at $250,000. we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a million col
we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for...
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they had a few things to say about the fiscal cliff. >> good morning. i am lamar alexander. this is my colleague. merry christmas to you. i have a few comments and then i will introduce senator corker. when the dust settles and everything is said and done individual income taxes are not going to go up for almost all americans next year. that will be settled this weekend or it will be settled after the first of the year. that is the most important point for americans to know. almost all americans when the dust -- that will be settled this weekend or will be settled after the first of the year. that is the most important point for americans to know. for almost all americans, individual taxes will not go up next year. all the talk is about taxes, but the talks should be about what we want to talk about today, the medicare fiscal cliff, the looming bankruptcy. there are millions of americans who are counting the days until they are eligible for medicare. it would be a tragedy if when they get to that day they become eligible there's not enough money to pay the bills. according t
they had a few things to say about the fiscal cliff. >> good morning. i am lamar alexander. this is my colleague. merry christmas to you. i have a few comments and then i will introduce senator corker. when the dust settles and everything is said and done individual income taxes are not going to go up for almost all americans next year. that will be settled this weekend or it will be settled after the first of the year. that is the most important point for americans to know. almost all...
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cliff is something that they recognized in the senate. and i also think that for senate republicans and even some democrats, it's not as much of an issue to be able to take home politically the idea of voting for a tax cut as opposed to a tax increase which the house would be doing tomorrow. also just the idea of momentum. they've got the momentum. they don't want to blow it if they've got it. >> you know this well. a lot of democrats especially liberal democrats, they're not happy that the president raised that $250,000 threshold to $450,000 since he had spoken of the $250,000 figure for months and months and months. ran his re-election campaign on it. >> and won. and there was a rebellion today among democrats in the morning. tom harken went on the senator floor and said he did not like the deal that was emerging. i don't know if that caused them to go back into the room and change some things or if some democrats just didn't know what the details were. but it took a lot of convincing by the white house, there were conference calls toda
cliff is something that they recognized in the senate. and i also think that for senate republicans and even some democrats, it's not as much of an issue to be able to take home politically the idea of voting for a tax cut as opposed to a tax increase which the house would be doing tomorrow. also just the idea of momentum. they've got the momentum. they don't want to blow it if they've got it. >> you know this well. a lot of democrats especially liberal democrats, they're not happy that...